DAUIN, Negros Oriental, Aug. 18 (PIA) – The newly-opened Dauin Mega Public Market is expected to generate at least P10 million income annually which can be utilized for other development projects in the town.
Dauin Mayor Galicano Galic Truita underscored this in a media interview after the opening of the new Mega Market here yesterday.
“Ang starting amount sa bidding (sa mga stall) is P8,000 pero naay nag-bid na P155,000 so naka-income mi og P2 million sa bidding pa lang. Murag dali ra makuha ang Return of Investment (ROI) in one year or less nasa P10 million a year (The starting amount for the bidding of stalls is at P8,000, but there are business owners who bid for P155,000. That alone, the market generated P2 million revenue. I think we can achieve the ROI in one year or less which is pegged at P10 million),” Truita said.
The Mega Market is two-storey building which boasts of modern amenities like an elevator, a water treatment facility, 24-hour CCTV, power generator, and free Wi-Fi installed by the Department of Information and Communications Technology (DICT).
The second floor of the building was made into a hotel with nine rooms classified as executive rooms and dormitory-type rooms.
Executive rooms have an en suite water closet, bathtub, and shower area while dormitory-type rooms have separate shower and toilet rooms.
The hotel is intended for local and foreign tourists visiting Dauin.
There is also a function room located at the second floor for public events and conferences.
Aside from more than a hundred stalls for its tenants, the Mega Market also has 15 office spaces available for rent.